NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: L
Post# of 51
Lithium Chile (TSX.V: LITH) (OTC: LTMCF) this morning announced that it has received written consent from the community of Ollague to begin an exploration drilling program on its Ollague project. The company is proceeding with drill mobilization and expects drilling to begin soon. The program will comprise of four holes drilled to a minimum 250 meters based on drilling conditions and brine content. Data collection will include lithology and depth-specific geochemical samples. Brine sampling will also be completed. Lithium Chile will seek to permit additional exploration and development programs at Ollague upon the successful completion of the first four holes of this program. “With a range of high-grade, near-surface lithium samples, excellent TEM survey results and no competition in the region, Ollague is one of our most exciting projects. We are delighted to have received final drilling approval and more importantly becoming one of the first of the new wave of Chilean lithium exploreco’s to begin a drilling program on one of our lithium prospects,” Lithium Chile President and CEO Steve Cochrane stated in the news release.
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